FORWARD AIR CORP

Ticker: FWRD CUSIP: 34986A104 Class: Common Stock

CANADA PENSION PLAN INVESTMENT BOARD's Holding History (CIK: 0001283718)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 3,800 Value ($000) $95 Avg Close $22.51 Range $15.75 - $26.70

Q3 2025

Shares 1,800 Value ($000) $46 Avg Close $28.77 Range $24.20 - $32.47

Q2 2025

Shares 100 Value ($000) $2 Avg Close $17.76 Range $9.79 - $25.76

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,800	$95	$22.51	$15.75 - $26.70
Q3 2025	1,800	$46	$28.77	$24.20 - $32.47
Q2 2025	100	$2	$17.76	$9.79 - $25.76